Archinect - News 2024-11-23T05:07:34-05:00 https://archinect.com/news/article/150451610/in-a-downturn-manage-your-clients-people-and-cash-says-former-hok-ceo In a downturn, manage your clients, people, and cash, says former HOK CEO Niall Patrick Walsh 2024-10-24T08:25:00-04:00 >2024-10-24T14:27:46-04:00 <img src="https://archinect.gumlet.io/uploads/75/75b238398d46c4c20fe3b8ef7c125b00.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>As Archinect reported earlier this week, the <a href="https://archinect.com/news/article/150451526/architecture-business-conditions-worsened-in-september-says-aia-deltek-architecture-billings-index" target="_blank">latest AIA/Deltek Architecture Billings Index</a> shows that U.S. architectural business conditions remain turbulent. Billings have declined at firms for over one and a half years, according to the index, while our <a href="https://archinect.com/features/tag/2534772/archinect-state-of-aec" target="_blank">monthly Archinect State of AEC series</a> has noted that the challenging conditions are spread across all U.S. geographical regions.</p> <p>To find out how architects, particularly firm owners, can navigate the current downturn, <a href="https://archinect.com/features/article/150450860/10-tips-for-architects-to-survive-downturns-by-former-hok-ceo-patrick-macleamy" target="_blank">we recently spoke with</a> former HOK CEO and Chairman Patrick MacLeamy on the subject. Through his long career at HOK, and his book <em>Designing a World-Class Architecture Firm: The People, Stories, and Strategies Behind HOK</em>, MacLeamy has accumulated a wealth of knowledge on how firms can survive poor economic conditions.</p> <p>As our feature article shows, a majority of <a href="https://archinect.com/features/article/150450860/10-tips-for-architects-to-survive-downturns-by-former-hok-ceo-patrick-macleamy" target="_blank">MacLeamy&rsquo;s advice for firms</a> take place long before a downturn hits, underscoring the need for architects to adhere to healthy practice management principles so t...</p> https://archinect.com/news/article/150232111/get-to-know-the-panelists-for-monday-s-panel-on-getting-through-a-recession Get to know the panelists for Monday's panel on getting through a recession Archinect 2020-10-10T13:42:00-04:00 >2024-10-25T04:07:38-04:00 <img src="https://archinect.gumlet.io/uploads/47/4710e777be1e495364bf4a9122aea223.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>While it's easy to see a recession as nothing but challenge and hardship, a downturn in the economy has historically provided opportunities to make positive change, for both individuals and businesses.&nbsp;</p> <p>On Monday we'll be (virtually)&nbsp;hosting an important discussion with a group of panelists that have a lot of valuable insight for architects and firm owners about how to best get through a recession. The panel,&nbsp;Lessons on Surviving, and Even Thriving Through a Recession, will take place on Monday, October 12th, from 1-2pm EST (10-11am PST).&nbsp;</p> <p>How does the current recession compare to previous recessions?&nbsp;Why is architecture so vulnerable to changes in the economy?&nbsp;Should firms scale back or push forward and spend during a recession?&nbsp;How can a firm take advantage of opportunities a recession brings?&nbsp;What's the best approach to leading a team through a challenging time?&nbsp;These are just a few of the questions we plan to address during the panel.&nbsp;</p> <p><a href="https://www.parade.build/events?event_id=11&amp;platform=archinect-panelists-news" target="_blank">RSVP here to reserve your spot</a>. Our audienc...</p>